article thumbnail

Data-Driven Companies Leverage OCR for Optimal Data Quality

Smart Data Collective

There are a number of benefits of using it to your company’s advantage. A growing number of companies have leveraged big data to cut costs, improve customer engagement, have better compliance rates and earn solid brand reputations. The benefits of big data cannot be overstated. This article reveals all!

article thumbnail

Optimizing PCI compliance in financial institutions

CIO Business Intelligence

How can implementing a CCA benefit financial institutions and their various business units in their quest for PCI security compliance? That, in turn, reduces IT cost, the time it takes staff to learn the environment, and the time to market. One of the significant advantages of a CCA is the potential for cost reduction.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Expion Health revamps its RFP process with AI

CIO Business Intelligence

Process automation and improvement is a perennial CIO agenda item, and the call for business process optimization is only getting louder — especially for those processes directly tied to the bottom line. Expion hasn’t yet calculated the potential new business created, but the tool will save the company the cost of about 1.5

IT 110
article thumbnail

Accelerating Cost Reduction: AI Making an Impact on Financial Services

Cloudera

And just as financial services experiences its cycles, this time of year I find myself returning to the topic of cost reduction. These cutting-edge technologies provide lower-cost alternatives for discovering efficiencies within financial operations, all while enhancing the quality of services offered.

article thumbnail

Business process reengineering (BPR) examples

IBM Big Data Hub

BPR examples are not one-time projects, but rather examples of a continuous journey of innovation and change focused on optimizing end-to-end processes and eliminating redundancies. This blog outlines some BPR examples that benefit from a BPM methodology.

article thumbnail

How Sirius and Intel Can Help With Instance Selection

CDW Research Hub

You may ask yourself, “What benefits do certain instance types present to my environment?” Many benefits are essential to consider before beginning your cloud journey. Below are three benefits of instance types we have identified that are worth evaluating. Three benefits of instance types for cloud environments.

article thumbnail

Generative AI will profoundly change healthcare operations

CIO Business Intelligence

According to a recent analysis by EXL, a leading data analytics and digital solutions company, healthcare organizations that embrace generative AI will dramatically lower administration costs, significantly reduce provider abrasion, and improve member satisfaction. The timing could not be better.